Conviviality

FRC launches investigation into KPMG’s last Conviviality audit

The Financial Reporting Council (FRC) has launched an investigation into the most recent audit by KPMG of the financial statements…

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Bestways poised to purchase retail arm of Conviviality

Cash and carry wholesaler Bestway is set to announce its plan to purchase Conviviality’s retail chains, which includes Bargain Booze.…

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Conviviality goes into administration

Drinks retailer and wholesaler Conviviality has filed for administration just a day after selling its wholesale business. Administrators PwC released…

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Magners cider owner buys Conviviality wholesale division

The owner of Magners cider, C&C, has completed a deal to acquire Conviviality’s wholesale distributors. The beverage supplier and retailer…

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Conviviality may face legal action from investors

Investors in Conviviality are considering the possibility of legal action against the board of the company amid claims they were…

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Conviviality administration announcement puts 2500 jobs in danger

Bargain Booze owner Conviviality has announced plans to file for administration within the next two weeks, after failing to secure…

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Conviviality launches £125m fundraising bid to avert bankruptcy

Conviviality has announced it urgently needs to raise £125m to avert bankruptcy as it issued its third profit warning in…

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Conviviality CEO resigns amid £30m tax bombshell

Conviviality has announced its CEO Diana Hunter has stepped down with immediate effect as its struggles stay afloat following the…

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Conviviality surprise £30m tax bill prompts business review

Off-licence retailer Conviviality has announced it is reviewing the business while holding “constructive” negotiations with lenders, as part of the…

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